And More Insight on Philosophy of Metrics Purpose
By JC Collins
It would appear others are now picking up on the importance of the G20 Summit this September in Hangzhou, China. I have been discussing this summit for some time and gave it particular attention in a post back on June 15, 2016.
Silver Doctors is running a piece titled Jim Rickards: Sept 4th G20 Meeting to Signal End of Petrodollar? The article is apparently built around the August subscription newsletter of Jim Rickards, and is supported by Tweets from the friendly Willem Middelkoop, both of whom are well-versed on the SDR and have also contributed large amounts of material towards understanding monetary reform.
POM readers and subscribers will find nothing new in the Silver Doctors article but could find the use of the phrase "September 4, 2016 will be the day the dollar died" to not accurately reflect the process of monetary reform which they have read about here. I have long contended that the "death of the dollar" script is not a full interpretation of the unfolding negotiations surrounding the international monetary system, and should be considered with caution.
All world powers are aligned on re-balancing the monetary structure between the dollar and the Chinese renminbi, while using the SDR as the hinge point between both. The full transition to the SDR reserve framework will take time and the USD will play a dominate role for many years and decades to come.
Consider the USD the thesis, the RMB the anti-thesis, and the SDR the synthesis.
I know this isn't as exciting as the other interpretations, but it is realistic and factual. Both the SDR and the RMB require the USD in order to function in their trans-formative capacities.
The September 4th G20 Summit does mark the next major transition point of monetary reform, but is does not mark the death of the dollar. As for the petrodollar, well, that "arrangement" has already passed out of relevance.
The odd fact that has bamboozled so many regarding Philosophy of Metrics and the analysis presented here is the accuracy of the information and trends discussed. Many have taken this information and used it for their own purposes and writings while not giving credit to this site. That is fine. The purpose of this site was never to gain credibility, but to inform.
Others have presented information (knowingly or unknowingly) long after it had been introduced and discussed here. Whether intentional or unintentional, the fact remains that POM has been ahead of the game the whole time.
Those who have taken the time to befriend me and have gotten to know me on a personal level, along with those who get my style, will know that I am not bragging or wanting attention. I have turned down numerous online radio interviews with reputable shows for the simple reason that my objective is not to seek attention but to inform.
There is something more going on in this world than a monetary transformation. There is a macro transformation which begins with micro transformations within the worlds of fragmentation. This site has been very specific and purposeful with its use of the term "philosophy" in conjunction with the word "metrics". Those who only focus on the metrics and monetary aspects will never be able to witness the full expanse of the transformation.
Keep in mind that just because you do not see it does not mean that it is not happening.
The silos of education and understanding in this world will be de-constructed and rebuilt upon a philosophical base which has its origin in the world of the ancient past. The consolidation of all things, including religion, culture, and economics, is taking place upon the altar of this new all-encompassing ideology. Those who focus on only one aspect of this vast transmutation are unable to fit the pieces together successfully.
Think of each POM post as a step towards full awareness. Though some individual post topics may seem large and consequential, each reader should attempt to place them within the larger methodology.
Posts and topics that may appear like they have nothing in common should be further reflected on and areas of subtle sameness considered. Currency and monetary matters do not exist in isolation. Nothing does. All things are interconnected and flow into one another.
The non-assuming environment of POM should not be considered ill-informed or misplaced. Even this small peek behind the POM curtain should not be taken as a full measure of its purpose or performance. The mandate of this place is still discovering itself and will in time become manifest.
All, including Rickards and Middelkoop, are bringing forward meaningful and purposeful information and understanding. The veins and sinuses of this new world are flowing and breathing in the vastness of infinite possibility. The G20 summit this September is one more step towards that objective.
From June 15, 2016.
AMERICA AFTER THE FALL - A New Economic Reality Emerges in the Autumn
On September 4th and 5th China will host a G20 Summit in the city of Hangzhou. The Hangzhou Summit represents the end of the old economic order and the birth of a new economic order. It marks the major transition point between the USD-based monetary framework and the SDR-based multilateral monetary framework.
The factual nature of this transition is bookmarked within the publications of international institutions and central banks around the world. The alignment on mandates and policy reform harness the financial momentum which has been developing alongside the growing imbalances in the international monetary system.
The road to full monetary and financial awareness regarding the effects of global imbalances caused by the USD-based framework has been a long and arduous journey through waves of economic stability and financial volatility. Along the way there have been many who have promoted the concept of a multilateral framework and the elimination of financial corruption.
Whether these objectives are achieved in the coming years is dependent upon a larger evolution of how capital is moved around the world. The role of one domestic currency as the global reserve asset has created a fertile environment for those wanting unfair advantage over mass populations and whole nations.
As such, rebalancing world wealth through a true multilateral monetary framework will move forward the lofty goals and ideals of those seeking a fairer world. But with those changes come enhanced risk of shifting sovereign control to a larger and more global ideology. Much like the individual passed sovereign status to a nation state, the nation state will pass sovereign status to a supra-national state under a mandate of global governance.
All nations under one mandate.
The Hangzhou Summit is focused on these mandates. Some of the topics being discussed include how to transition the G20 into an Economic Security Council arm of the United Nations, the UN 2030 Agenda, large scale sovereign debt restructuring through the International Monetary Fund with the utilization of substitution accounts, with a secondary restructuring taking place through the use of Collective Action Clauses.
The broader use of the Special Drawing Right (SDR) will also be at the forefront of conversation, as China begins the process of issuing SDR denominated bonds and implementing an SDR borrowing platform. These objectives are running parallel to the new SDR basket composition which is coming into effect in October. This new basket will include the Chinese renminbi and will be the turning point from which the buildup period for a global reserve asset begins.
China will also be focused on strengthening its network of renminbi denominated institutions, such as the AIIB, New Silk Road Fund, China Development Bank, BRICS New Development Bank, and the transformation of the Chiang Mai Initiative Multilateral into a regional monetary fund which is meant to be integrated within the mandates of the more macro IMF.
The new economic order will see American control of world wealth reduced in a descending sliding scale type process, where foreign exchange reserve diversification will cause geopolitical shifts on a large and active chess board. These shifts will increase in the coming years and will be sold to the American population as the strengthening of nationalism as opposed the loss of international power and influence.
A new US political trend has emerged to match the transition points of the multilateral framework. A Trump presidency is aligned with the larger objectives of the international banking interests. The corruption which has developed within the USD-based framework has manifested as corruption within domestic politics.
The existing ideologies of both the Democratic and Republican parties are reflective of this corruption. With the larger monetary changes taking place it is expected that American politics will also be transformed. The past strategies of Bush and Clinton politics have been based on the aforementioned corruption and no longer have a place within the international discourse which is evolving.
Financial and political corruption within American institutions will be semi-culled and the Trump brand will package and present America’s new international character as Make America Great Again. The untold truth of this slogan is that it aligns with the larger mandates of the multilateral transition.
Somebody should have told Clinton and other American political elites who have suckled off the US dollar.
The news media and other official channels will never openly discuss these facts, but rest assured that the American elite who have invested in the control of domestic information will eventually align with these macro mandates out of pure business interest.
America after the fall will become what it was meant to be - one nation under God. - JC
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